Banking definition

Banking means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.
Banking means the holding of compliance instruments from one compliance period for the purpose of sale or surrender in a future compliance period.
Banking means the process under which a generating station supplies power to the grid not with the intention of selling it to either a third party or to a licensee, but with the intention of exercising its eligibility to draw back this power from the grid.

Examples of Banking in a sentence

  • It is important that Client understands the limitations of ONPointe Mobile, including but not limited to the following: (i) because Mobile Banking is accessible only through Client’s Mobile Devices, Client’s access to the Mobile App may be limited by the service provided by Client’s telecommunications carrier and (ii) there may be technical or other difficulties related to ONPointe Mobile, which difficulties may result in loss of data, personalized settings or other Service interruptions.

  • If you have arranged to have a direct deposit made to your account at least once every sixty (60) days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by using Online Banking or by calling 000-000-0000.

  • In our sole discretion, we may follow your instructions concerning your use of the Digital Banking services, whether such instructions are provided by you in writing, electronically, orally (including our recording of your oral instructions), or by other means, and we may do so without any liability to you.

  • If you are enrolled in our Bill Payment Service, you may use the Mobile Banking Service to pay a bill from the Account that you have designated as your Funding Account under the terms of our Bill Payment Service as further described in and in accordance with the Bill Payment Agreement.

  • At the present time, you may use Online Banking to: ❖ Withdraw funds from your share and share draft accounts.


More Definitions of Banking

Banking means any CPI Rent Adjustment (or any rent adjustment formerly known as the Annual Permissible Rent Increase) the owner chooses to delay imposing in part or in full, and which may be imposed at a later date, subject to the restrictions in the regulations.
Banking means: (i) developing, acquiring, importing, exporting, proliferating, maintaining, storing and distributing Original Material and Replicates on an international basis; and (ii) providing value-add services using Original Material and Replicates, in each case for a reasonable fee sufficient to cover costs of operations; provided however, that in no event does “Banking” include the use of Original Material and Replicates in human clinical testing or as human therapeutics;
Banking of instructional time Schools sometimes extend the student instructional day in order to get blocks of time for school-specific activities. By extending the instructional day, schools meet state requirements concerning instructional time. This provides time when students are excused from school so that staff can have time for professional development, in-service, training etc. It is the Instructional Council’s responsibility to: • Decide in collaboration with the whole staff whether or not to bank time; • Work collaboratively with the whole staff to decide the content of the professional development and the date or dates it will be held.
Banking means the business of receiving deposits, making loans, discounting commercial paper, issuing drafts, traveler's checks, and similar instruments, handling and making collections, cashing checks and drafts, and buying and selling exchange.
Banking means a system for recording emission reduction credits so that they may be used or transferred in the future.
Banking means the reservation of creditable emission reductions, pursuant to N.J.A.C.
Banking shall have the meaning assigned to such term in Section 1.5.